Bitcoin News

Bitcoin’s Bull Cycle May Peak This Month, Peter Brandt Says

Veteran trader Peter Brandt has opined that the Bitcoin bull cycle may peak this month even as the Fed prepares to cut rates.
Published by
Bitcoin’s Bull Cycle May Peak This Month, Peter Brandt Says

Highlights

  • Peter Brandt suggested that BTC may top this month based on historical cycles.
  • There is the possibility that the cycle may be extended.
  • This comes as the Fed prepares to lower rates by 25 bps.

Veteran trader Peter Brandt has given his opinion on when the Bitcoin bull cycle may peak, as the flagship crypto continues to range sideways. Meanwhile, there is also the possibility that the cycle may extend, especially with the Fed set to lower interest rates, which could lead to an influx of new liquidity.

Advertisement

Peter Brandt Gives Take On Bitcoin Bull Cycle

In an X post, the veteran trader responded in the affirmative when another analyst, JDK, asked him if the cycle would peak this month. However, Brandt didn’t provide any explanation for why he thinks so.

JDK has laid out theories on why the Bitcoin bull cycle may peak this month and why it could extend beyond this month. The analyst remarked that the Halving cycle signals that the market is entering the final month of this bull run.

On the other hand, JDK stated that the lengthening cycles point to a potential October to November window for this BTC bull cycle to peak. He noted that cycle tops aren’t about a date or a price and that it is more about the state of the market, which he believes isn’t at a peak yet.

Meanwhile, Peter Brandt’s opinion would suggest that $124,000 may have been the peak for the BTC price. Notably, the flagship crypto has been on a downtrend since hitting the $124,000 level last month.

Advertisement

Rate Cuts May Not Be Bullish For BTC

Market expert Anthony Pompliano recently suggested that the imminent Fed rate cuts may not be bullish for the Bitcoin price or serve as a catalyst to extend the bull cycle. He alluded to a Binance Research report, which highlighted BTC’s performance in the 2019 and 2024 rate cut cycle.

In 2019, the flagship crypto displayed a “buy the rumor, sell the news” pattern, in which it surged from around $4,000 to $13,000 in the months leading up to the rate cuts. However, the price declined once the Fed began to lower interest rates.

Meanwhile, Binance Research noted that in the 2024 rate cut cycle, the Bitcoin price rally following the cuts coincided with the election cycle. As such, one cannot solely attribute the price increase to the rate cuts. Notably, BTC reached $100,000 for the first time following Trump’s victory in November last year.

As CoinGape reported, there is currently a 90% chance that the Fed will make a 25 bps rate cut at the FOMC meeting next week. The PPI and CPI data, which dropped yesterday and today respectively, have further strengthened the case for a rate cut.

Pompliano warned that the rate cuts may not be what eventually drives Bitcoin’s price higher, as history suggests. However, he added that he believes that BTC is going higher.

Advertisement
Share
Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several niches. His speed and alacrity in covering breaking updates are second to none. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • News

Analyst Slams S&P’s ‘B-’ Rating for Strategy Inc, Says Bitcoin Treasury Model Is “Misunderstood”

Crypto market analyst Adam Livingston has sharply criticized S&P Global Ratings after the agency assigned…

October 28, 2025
  • News

Metamask Airdrop Countdown Begins as Wallet Team Registers Token Claim Domain

In a fresh development, a newly registered claim domain has led to speculations that the…

October 27, 2025
  • News

$2.5T Citigroup Partners With Coinbase to Enable Stablecoin Payments

Citigroup, a top U.S. bank with $2.5 trillion asset under management has partnered with Coinbase.…

October 27, 2025
  • News

Who Will Be the Next Fed Chair? Scott Bessent Confirms Final Five Candidates

U.S. Treasury Secretary Scott Bessent has confirmed the final shortlist of contenders to replace Jerome…

October 27, 2025
  • News

Mt. Gox Delays Repayments to 2026 as Trump-Backed American Bitcoin Adds 1,414 BTC

Mt. Gox has once again pushed back its long-awaited Bitcoin (BTC) creditor repayments by a…

October 27, 2025
  • News

Crypto ETFs Attract $1B in Fresh Capital Ahead of Expected Fed Rate Cut This Week

Crypto ETFs record nearly $1 billion in weekly inflows. This marks one of the strongest…

October 27, 2025